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COVER STORY

FDI in Vietnam

Capital Hanoi

Average annual per capita income:
> $2,700

Land area
Approximately Population
330,000 sq km
98.2 million (2021f)

2021 GDP growth target GDP per capita
6.5% $3,380
Cities and provinces 63

FDI’S CONTRIBUTION TO GDP IN VIETNAM

20%
21.8% 19%

FIEs employ 4.51 million workers directly

2.1%
and create 5-6 million
indirect jobs.
1989 2017 2019 2020

FDI PROJECTS, AS OF MARCH, 2021

FDI BY COUNTRY/TERRITORY
Projects Total disbursed 139 countries and territories, led by

capital
33,294 1 South Korea $71.5 billion
2 Japan $62.5 billion
$231.86 billion
3 Singapore $61.2 billion
Total registered 4 Taiwan (China) $33.7 billion
capital

$393.3 billion FDI BY SECTOR LOCATIONS ATTRACTING FDI
All 63 cities and provinces, in which
19 out of 21 sectors, led by
manufacturing & processing 1 Ho Chi Minh City $48.6 billion
(estimated at
2 Hanoi $36.3 billion
$229.96 billion) with 15,247 projects 3 Binh Duong $35.8 billion

6 | VIETNAM ECONOMIC TIMES | APRIL 2021